FDI attraction prospers in Mekong Delta

Six provinces and cities in the Mekong Delta region have attracted 100 foreign direct investment (FDI) projects with total registered capital topping US$738 million this year, reported the Foreign Investment Agency under the Ministry of Planning and Investment.

A tiger prawn processing plant in the Mekong Delta (Photo: SGGP)

Long An province has attracted most with 78 new projects at US$208 million. Hau Giang province has lured two projects with US$288 million.

So far, the delta has had over 1,000 FDI projects with the total capital of US$12 billion, accounting for 5 percent of the country’s number.

Long An has taken the lead with 600 projects and US$4 billion, accounting for 60 percent the region’s total projects and 35 percent capital.

According to experts, despite showing good signs for the region, FDI attraction has still yet to appropriate with the Mekong Delta's potentials.

Therefore, the region should have solutions in human resources and infrastructure to foster FDI's attraction in agricultural field and improve its competitiveness, added experts. 

By Phan Thi – Translated by Hai Mien

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